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August 04, 2014

The Music Mill, a local concert venue, restaurant and bar that has been closed down twice this year by different operators,
has new life.

Local entrepreneur Ravi Chopra, 44, who owns the 6 Lounge & Restaurant downtown, announced last
night that he has purchased the Music Mill and plans to reopen the north-side Indianapolis facility as a concert and event
venue Oct. 12.

Chopra envisions the Music Mill being a true multi-use hospitality facility that can host a workshop
in the morning, corporate and networking luncheons at noon and a live music or comedy show in the evening.

The
Music Mill, located at 3720 E. 82nd St. in the Clearwater Crossing shopping plaza, will host a job fair Sept. 15 from 11 a.m.
to 5 p.m. in order to find employees, including managers, restaurant and event staff, and administrative support staff. Chopra
plans to employ more than 100 people.

The concert facility first opened in 2005, providing a mid-sized venue
for local and national talent. Former majority owner Nick Davidson and business partners Ron Schiffli and Jack Shockman closed
the business in late February, saying the sour economy had taken a toll.

Jeremy “Hoss” Tevebaugh signed
a contract to buy the Music Mill in April and reopened the venue April 17. Two months later, it closed again. Commercial real
estate broker John Beouy said Tevebaugh defaulted on his rental agreement with locally based The Broadbent Co., which owns
the building.

Chopra said he bought the business from Davidson’s group for an undisclosed amount and signed
a 13-year lease with Broadbent.

Chopra is optimistic he can make the business successful,
despite the previous failed attempts.

“I understand that there are some naysayers,” Chopra said. “If
I could build a music venue from the ground up, I would build the Music Mill. It just needs a little love. It needs operators
who eat, breath and sleep it.”

Chopra also owns a landscaping company in California. His 6 Lounge opened
on South Meridian Street in April 2005. Chopra said he now spends the majority of his time in Indianapolis.

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Daily editor

Newman has covered the Indianapolis business community as an editor and reporter for 26 years, including the past 23 at IBJ. He joined the newspaper in 1995 as a real estate reporter, became editor of IBJ’s Focus section a year later and served the next 13 years in that position. He became daily editor at the beginning of 2009. Prior to IBJ, he had a three-year stint as an editor and writer at the now-defunct Indianapolis C.E.O. magazine. A graduate of Ball State University, Newman spent the first six years of his journalism career as a sports writer and editor at several Indiana newspapers, including the Michigan City News-Dispatch, the Whitley County Post & Mail and the Muncie Evening Press.

Phone:
317-517-5382

Email:
jnewman@ibj.com

Reporter, The Score newsletter and blog author

Real estate, tourism, business of sports

Olson covers real estate, as well as sports and tourism. He joined IBJ in 1999 after spending three years at IBJ’s sister publication, Indiana Lawyer. Olson is an Illinois native and graduate of Western Illinois University—home of the mighty Leathernecks. He spent nearly four years at a small Illinois daily newspaper before joining The Republic in Columbus, Ind., in 1994. There, he covered the courts and cops beat, and he reported news from nearby towns by traipsing through the hinterlands of southeastern Indiana. In his spare time, Olson enjoys reading history books, riding bicycles, running and—most importantly—watching baseball and cheering on the Chicago White Sox. He lives in Zionsville with his wife. They have two college-aged daughters, along with a cat and two spoiled Chihuahuas.

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